Database Specific
Database Specific Abstract AbstractThe Balance of Payments provides a framework that is applicable for a range of economies, from the smallest and least developed economies to the more advanced and complex economies. As a result, it is recognized that some items may not be relevant in all cases.
The balance of payments is a statistical statement that summarizes transactions between residents and non-residents during a period. It consists of the goods and services account, the primary income account, the secondary income account, the capital account, and the financial account.
Under the double-entry accounting system that underlies the balance of payments, each transaction is recorded as consisting of two entries and the sum of the credit entries and the sum off the debit entries is the same.
The different accounts within the balance of payments are distinguished according to the nature of the economic resources provided and received.
Source Source Contact person/organisation Contact person/organisation Direct source Direct sourceBibliographic citation:
International Monetary Fund: Balance of Payments Statistics (October 2021 Edition). UK Data Service. https://doi.org/10.5257/imf/bops/2021-10
Data Characteristics Data Characteristics Date last updated Date last updated6th December 2021
Reference period Reference period2005 to 2020
Other Aspects Other Aspects Other comments Other commentsCopyright International Monetary Fund
Effective January 1st 2015, the IMF introduced a new policy whereby access to the IMF online statistics databases became free to all users. As a result of this policy the IMF datasets hosted by the UK Data Service are now freely available to all. Please refer to the IMF’s Special Terms and Conditions Pertaining to the Use of Data .
The Balance of Payments provides a framework that is applicable for a range of economies, from the smallest and least developed economies to the more advanced and complex economies. As a result, it is recognized that some items may not be relevant in all cases.
The balance of payments is a statistical statement that summarizes transactions between residents and non-residents during a period. It consists of the goods and services account, the primary income account, the secondary income account, the capital account, and the financial account.
Under the double-entry accounting system that underlies the balance of payments, each transaction is recorded as consisting of two entries and the sum of the credit entries and the sum off the debit entries is the same.
The different accounts within the balance of payments are distinguished according to the nature of the economic resources provided and received.
Bibliographic citation:
International Monetary Fund: Balance of Payments Statistics (October 2021 Edition). UK Data Service. https://doi.org/10.5257/imf/bops/2021-10
2005 to 2020
6th December 2021
Copyright International Monetary Fund
Effective January 1st 2015, the IMF introduced a new policy whereby access to the IMF online statistics databases became free to all users. As a result of this policy the IMF datasets hosted by the UK Data Service are now freely available to all. Please refer to the IMF’s Special Terms and Conditions Pertaining to the Use of Data .